Overview

• Ant International will begin integrating Circle’s USDC onto its proprietary blockchain once U.S. regulators certify the token under the GENIUS Act.
• The integration links USDC to a network that handled more than $1 trillion in global payments last year, with roughly one-third settled on-chain.
• Ant’s head of platform technology said the firm will prioritize global payments operations over crypto trading functions.
• The company is seeking stablecoin licenses in Singapore, Hong Kong and Luxembourg and plans to issue a Hong Kong dollar–pegged token after local rules take effect on August 1.
• The platform is designed to host USDC alongside other regulated digital dollars, central bank digital currencies and tokenized bank deposits.